Fully indemnify
WebTHE BUSINESS AGREES TO INDEMNIFY, KEEP FULLY INDEMNIFIED AND HOLD HARMLESS SKYPE, THE SKYPE STAFF AND ITS AFFILIATES FROM ANY AND ALL CLAIMS, DAMAGES, LOSSES, LIABILITIES, COSTS AND EXPENSES BROUGHT OR MADE AGAINST OR INCURRED OR SUFFERED BY SKYPE, THE SKYPE STAFF … WebSome common synonyms of indemnify are compensate, pay, recompense, reimburse, remunerate, repay, and satisfy. While all these words mean "to give money or its …
Fully indemnify
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WebJan 21, 2024 · The Supplier and the Contractor fully indemnify and hold the Company and the Company’s Client harmless from any and all claims that may arise through noncompliance of payment, especially with regards to section 61B Income Tax (Earnings and Pensions) Act 2003 (“ITEPA”). WebDefinition of Indemnify . to provide with a payment for damage or loss. Examples of Indemnify in a sentence. Since Kurt was driving drunk, the insurance company will not indemnify him from the property damage he caused. 🔊. The trucking company will indemnify the victim of the car accident caused by the sleeping trucker. 🔊
WebJul 24, 2024 · Indemnification The concept of indemnification imposes an obligation on one party, the indemnitor, to pay or reimburse another party, the indemnitee, for losses … WebOct 30, 2024 · Indemnity insurance is an insurance policy designed to protect professionals and business owners when they are found to be at fault for a specific event such as misjudgment. Typical examples of ...
Webverb Definition of indemnify as in to compensate to provide (someone) with a just payment for loss or injury the company generously indemnifies workers who are injured on the job … WebApr 15, 2024 · the indemnity requires a consumer or small business to indemnify a counterparty for losses that are not within the reasonable control of the consumer or small business or may have been caused by the counterparty; the consumer or small business does not have the benefit of a similar indemnity;
WebApr 12, 2024 · Indemnity is a comprehensive form of insurance compensation for damages or loss. When the term indemnity is used in the legal sense, it may also refer to an exemption from liability for... Indemnity insurance is an insurance policy designed to protect professionals and …
WebJul 13, 2024 · “The Contractor shall fully defend, indemnify and hold harmless the Indemnified Persons from any and all third party claims, demands, causes of action, damages, losses, and expenses (including attorney’s fees) of whatsoever nature, character, or description arising out of or related to errors, omissions, inconsistencies, inaccuracies ... self storage north miamiWebindemnify definition: 1. to pay or promise to pay someone an amount of money if they suffer damage or loss: 2. to…. Learn more. self storage north mymms hertfordshireWebindemnify verb [ T ] uk / ɪnˈdem.nɪ.faɪ / us / ɪnˈdem.nə.faɪ / finance & economics formal or specialized to pay or promise to pay someone an amount of money if they suffer damage or loss: In return for a premium, the underwriter agrees to indemnify the insured against losses covered by the insurance. self storage north seattleWebFor example, the term "indemnify" is used when a business hopes to protect itself against claims from a customer's error, while a hold harmless clause prevents a business from … self storage north miami beach flWebJul 24, 2024 · TCB Prop. Mgmt. There, the court categorized the obligations to indemnify and hold harmless as offensive and defensive rights. Indemnification, according to the court, is “an offensive right—a ... self storage north miami beachself storage north tazewell vaWebFull Indemnity. Any and all damages, losses, deficiencies, liabilities, costs, Taxes, and expenses ( including reasonable attorneys ' fees and expenses) ( collectively, "Losses") … self storage north shields tyne